Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[joker_josue]

I now 100% mine alone at a host.

Those who can... can...

How many years have you been in the mining industry? What year did you start?

[Paashaas]

Sortino ratio is showing that corn is somehow at the bottom.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[asUHWEceyc]

My 2c about Michael Saylor.

Looking at his brazen buys lately, I could not escape thinking about a possibility that some truly big money is backing him now.

Uncle Sam Fiat has been backing his ass since the 90s. It's the accumulation acceleration that's interesting- which hints at something. A motive, forthcoming maneuver, a strategy?

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[AlcoHoDL]

Thanks for the suggestions guys, I haven't been able to watch a movie for a long time now. Mind occupied with RL stuff. Don't even know what's out there that's worth watching...

Project Hail Mary looks very promising -- the kind of movie I usually enjoy. No streamers yet on Stremio though. Too new.

Good Luck, Have Fun, Don't Die is a comedy, which is not a genre I usually go for, but if the resident WOers say so, it must be worth it. IMDb rating says so too. Will be checking it out.

Have been planning on watching Sisu: Road to Revenge. This should be a good watch, if it's anything close to the first one.

Have you watched Bugonia? It's kinda long with a 1hr59m runtime. Very fun film, though.

[...]

It's in my to-watch list, thx. I like Yorgos Lanthimos' movies.

Planned watch order:

Sisu 2 (for the dopamine rush)
Bugonia (for the weirdness and sci-fi/dark theme)
Good Luck, Have Fun, Don't Die (WO recommendation)
...and Project Hail Mary when it comes to Stremio

[xhomerx10]

I now 100% mine alone at a host.

Those who can... can...

How many years have you been in the mining industry? What year did you start?

 ...and those who cancan

 

[xhomerx10]

My 2c about Michael Saylor.

Looking at his brazen buys lately, I could not escape thinking about a possibility that some truly big money is backing him now.

Uncle Sam Fiat has been backing his ass since the 90s. It's the accumulation acceleration that's interesting- which hints at something. A motive, forthcoming maneuver, a strategy?

 Whatever the strategy, you can rest assured it will be puny... microscopic even.

[philipma1957]

Also bottom isn't in yet imo since this is wo I gotta throw in some light speculation for my first post here.

You sound lost if you are proclaiming down in these here parts (as a newbie) without giving a rationale besides perhaps the underlying presumption that since you are a newbie that you still need to buy more coin, to the extent that you already have some corn and you are not merely an observer without and stake in the game.  

Hopefully, for your own good, you are ongoingly stacking instead of waiting for down that might not end up happening.

Yes, I have been stacking weekly since the downtrend from 120k. I'm happy with the stack I have, but it could be much better so this dip is awesome.

I guess you could say that my rationale for the bottom not being in is just a firm belief in cycles. If I'm not mistaken, cycle logic dictates we don't see a bottom until around October. Even though I'm a believer in cycles, I still refuse to swing trade/sell everything at tops and buy it all back at bottoms. That's way too much stress for me and putting faith in something stupid not happening like these "supercycles" people started talking about...no thank you, haha. Bitcoin is way undervalued and super early. I would hate myself forever if I made a bad swing trade and lost ~90% of my "corn" as you would say, no matter how set in stone people say 4 year cycles are.

I'm much more content selling only the littlest portion of my full stack at tops to increase my quality of life ever so slightly as I see fit. I sold some to make having my firstborn child a little easier on me and my wife.

I'm no speculation expert though, I just read the room on websites like this one and r/btc(grain of salt).

The room is telling me that the stock market is heavily overvalued and circular funding is occuring and oil just saw a major uppity in price because war and stuff. So when/if it crashes/corrects like it did in most other recessions where oil saw a spike in price, bitcoin will experience collateral damage in price. Will that event (if it were to happen) coincide with the 4 year cycle? No crystal ball so idk.

A 4 year price cycle believer ugh

[philipma1957]

I now 100% mine alone at a host.

Those who can... can...

How many years have you been in the mining industry? What year did you start?

2012

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[OgNasty]

A 4 year price cycle believer ugh

A real life 4-year cycle denier. Even in the face of such repeated miracles and with the scripture written in code.

Those who believe have been and will continue to be blessed. There is no reason to resist the truth my friend. Embrace it and free yourself from the shackles of desire.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Biodom]

A 4 year price cycle believer ugh

A real life 4-year cycle denier. Even in the face of such repeated miracles and with the scripture written in code.

Those who believe have been and will continue to be blessed. There is no reason to resist the truth my friend. Embrace it and free yourself from the shackles of desire.

I think that you might want to learn the word "humility"...what we all see instead, is an endless hubris.
We'll see how that kindergarten style belief will work out in the future.
Good luck.

EDIT: here is what 4 year cyclists say- a "cycle" peak in September 2029, then a peak in August 2033, then July 2037. How about a bet that it won't happen this way?
You'll have to score 3 out of 3, and if not, I win (and collect at the first miss) and if it would be 3 out of 3, then you win. Name a reasonable prize value.

[Lucius]

For those who like matrix and live price tracker they will definitely like it -> https://mybtc.world/bitcoin-price/

Here is the topic -> https://bitcointalk.org/index.php?topic=5577147

[OgNasty]

A 4 year price cycle believer ugh

A real life 4-year cycle denier. Even in the face of such repeated miracles and with the scripture written in code.

Those who believe have been and will continue to be blessed. There is no reason to resist the truth my friend. Embrace it and free yourself from the shackles of desire.

I think that you might want to learn the word "humility"...what we all see instead, is an endless hubris.
We'll see how that kindergarten style belief will work out in the future.
Good luck.

EDIT: here is what 4 year cyclists say- a "cycle" peak in September 2029, then a peak in August 2033, then July 2037. How about a bet that it won't happen this way?
You'll have to score 3 out of 3, and if not, I win (and collect at the first miss) and if it would be 3 out of 3, then you win. Name a reasonable prize value.

You seem to think I have something to prove to you. I don’t. You also seem to think I need to gamble with you for money. I don’t. As stated, I made my 7 figure bet properly, with the market, at the top. I do like that you are clearly transitioning from the anger to bargaining stage. Next you will become depressed by the price action, but don’t worry. Once you get through that and accept that I was right, the bottom will be in and we will have our bull market.